The Department of Business, Economic Development and Tourism will sponsor two seminars in Honolulu on how to use a program that grants foreign citizens permanent U.S. residency by investing $500,000 to $1 million in a business.

Under the EB-5 Employment Creation immigrant visa program, a foreign citizen, along with his or her spouse and minor children, may qualify for a green card through a business investment. The program could provide Hawai'i's businesses with opportunities for low-cost financing during a period when capital is very scarce.

The DBEDT-sponsored seminars will discuss on how to use the program to raise capital for Hawai'i businesses and are designed for immigration attorneys, project developers, business brokers, and others who are interested in raising business capital from foreign investors.

The seminars are scheduled for 9 a.m. to 11 a.m., Jan. 14 in the first floor multi-purpose room of 250 South King St. A second session is set for 1 p.m. to 3 p.m., Jan. 15, at 235 South Beretania Street, Room 204.

"The seminars will be of great interest to any business seeking funding," said DBEDT Director Theodore E. Liu, in a news statement.

To make reservations or for further information, contact Cy Feng at 586-2597 or email cfeng@dbedt.hawaii.gov.